Friend ATM

by James & Miel on October 20, 2008 · 0 comments

Since I’m used to nothing but cash these days, I was reminded the other night of the ins and outs of managing daily cash flow.

It is always helpful to plan in advance and make sure that you are prepared for the expenditures of going out. I think the best route to go is to get out enough cash to last you for the night. This will help to limit how much you spend.

If this isn’t an option, then make sure that you have enough to cover using the friend ATM method of having a group pay you in cash and then you putting the bill on your card. While this will give you additional miles, I think that it also puts you at risk for taking on more of the possible shortage in the bill.

Readers: We’d love to hear what you prefer: cash, or friend ATM.

Just a few things to keep in mind when going out.

Cheers,

Miel

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